Apple reveals Tim Cook's pay as he becomes executive chair

Apple will pay former CEO Tim Cook a $47 million (around ₹446 crore) compensation package as he moves to the newly created role of executive chairman. The package includes a $2 million (₹18 crore) annual salary and a $45 million (₹427 crore) target equity award. Cook's total compensation as CEO was around $74 million (₹702 crore) in 2025.